Global Diy Market Growth, Global Insights, Overview and Outlook 2020 by Radiant Insights

Global DIY Market Analysis and Forecasts 2016-2020 by

Radiant Insights

Market overview of the global DIY market

Home improvement such as renovating and remodeling ones home is the key segment and also the largest

segment in the global DIY market. Technavios market research analyst expects the global DIY market to grow at a

CAGR of around 3% during the forecast period. The growth of this market is mainly supported by the media

presence, be it through the traditional medium such as television or the online presence in the form of video

websites or social media.

The emergence of a large number of retail stores such as hypermarkets, supermarkets, and specialty stores across

the globe is another major driver for the growth of the DIY market. These stores enable consumers to seek

information on various brands, compare prices, quality, design, and then make a decision at their convenience and

comfort. Also, with the increase in brand consciousness among consumers, the importance of organized retailers

carrying branded DIY products is on the rise.

View Summary of This Report @ http://www.radiantinsights.com/research/global-diy-market-2016-2020

Geographical segmentation of the DIY market

Americas

APAC

Europe

MEA

Acceptance of DIY culture is very low in the APAC regions, hence the market is largely concentrated in the Western

countries. The Americas occupies the largest share of the DIY market, with the US contributing the majority of the

market share in this region. People in the US loves engaging themselves in DIY projects. Hence, this acts as a major

driver contributing to the growth of the DIY market in the US.

Competitive landscape and key vendors

The sedated growth of the global DIY market is likely to spur vendors to bring in new products to meet the buying

trend among the customers and remain competitive in the market. Additionally, the rising adoption of DIY

activities in the developing region is also luring vendors in the DIY market to...